A historic estate is selling its "jewel" farmland for the first time in centuries.
Rhug Estate owner Lord Newborough has decided to sell part of the estate's Glynllifon site near Caernarfon, creating new opportunities for the next generation of farmers.
The move sees around 1,000 acres of productive grassland, described as the "jewel" of the Glynllifon estate, being brought to the open market by the North Wales office of national property consultancy, Carter Jonas.
The sale will free up resources for the estate to focus on its core assets.
Lord Newborough said: "We have received a lot of interest in the site, and strategically it makes sense to pass on around 1,000 acres at Glynllifon."
"This decision is about more than reshaping the Estate, it’s about opening-up opportunities for others to farm, supporting the next generation in north west Wales, and ensuring the land continues to play a vital role in the agricultural community."
He said: "At the same time, it gives us the focus to build even further on the exciting growth at Corwen and continue our long-term vision for Rhug."
The decision will allow the award-winning organic estate to focus more on the 12,500-acre base near Corwen, where growth and development are ongoing.
Hugh O’Donnell, partner at Carter Jonas, said: "This is undoubtedly one of the most important farmland sales we have seen in North Wales in recent years.
"Productive grassland of this quality and scale is rarely offered to the open market, and we anticipate strong interest from across the farming community."
The sale will be phased, starting with an initial block of approximately 265 acres available immediately via informal tender, with the remaining land released in stages into next spring.
Lord Newborough is determined to see the Rhug Estate brand continue to go from strength to strength.
He views diversification and innovation as the way forward, despite wider challenges facing the agricultural sector.
He said: "At the same time, it gives us the focus to build even further on the exciting growth at Corwen and continue our long-term vision for Rhug."
As one of just seven businesses in Wales to hold a Royal Warrant of Appointment from His Majesty The King and Her Majesty The Queen, Rhug Estate continues to set an example for the industry.
Looking ahead, Lord Newborough believes new collaborations, both at home and internationally, will be key to driving future success and unlocking even greater potential at Corwen.
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